Real Estate/Development
Mar. 3, 2011
Real Estate Movers & Dealmakers
Ventas Inc. is acquiring Nationwide Health Properties Inc. in a $7.4 billion stock-for-stock agreement approved by the boards of directors of both companies Monday.
$7.4 Billion Deal Creates Largest Health Care REIT
Ventas Inc. is acquiring Nationwide Health Properties Inc. in a $7.4 billion stock-for-stock agreement approved by the boards of directors of both companies Monday.
The deal creates the largest health care real estate investment trust in the U.S., with a portfolio of 1,300 properties in 47 states. The combined company will own 643 senior housing assets, 14 million s...
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